Investing in gold has long been regarded as a prudent strategy to hedge against inflation, constituting a fundamental principle in comprehensive financial planning. Investing in gold has always been a coveted choice, but the hefty initial investment required can be a deterrent. Even purchasing a single gram per month demands a significant sum, not to mention additional costs like storage and GST.
However, there's a solution: a novel approach to gold investment that requires as little as Rs. 100 per month, with no upper limit. What's remarkable about this method is that it bypasses the hurdles of storage and GST altogether. Instead, you get gold equivalent to the full amount you invest, based on the prevailing market rate.
This system offers accessibility and flexibility, allowing anyone to gradually build their gold reserves without the burden of large upfront costs or additional fees. It's a practical and efficient way to enter the world of gold investment, making it accessible to a wider range of investors. As part of our recommendations, we advocate allocating 10% of your total financial portfolio to Gold Mutual Funds. Within the realm of digital gold options, viable choices include Sovereign Gold Bonds, gold mutual funds, or gold ETFs. Here, we give an illustration of investing in Gold mutual funds through SIP.
Investment in Gold MF
Comments
Post a Comment